What is the value of a university degree?

August 31, 2010

According to AUCC, a university graduate will make $1.3 million more over his or her lifetime than someone with just a high school diploma. Compared to community college graduates, university grads will earn $1 million more. University grads also have fewer periods of unemployment and tend to live healthier lives -- points backed up by Statistics Canada data. A university degree proved even more valuable during the recent recession, AUCC notes. From September 2008 to March 2010, there were 150,000 net new jobs for university grads, compared to 684,000 fewer jobs for those without a degree during the same period. AUCC released this data to emphasize the benefits of investing in PSE. Additional data will be issued in the fall, followed by the release of a major publication in January. AUCC News Release | The Value of a Degree (AUCC brochure)